InternetNews Staff

Apple and four record labels are working on a plan to increase digital sales of albums, while the computer maker is also separately developing a tablet-sized device, the Financial Times reported on Sunday. Apple is working with EMI, Sony Music, Warner Music and Vivendi’s Universal Music Group on the project, “Cocktail,” with the sides hoping […]

Wal-Mart Stores has expanded its laptop selection by 40 percent and will be aggressive in pricing the computers and the accessories to go with them as the discount retailer looks to win sales from frugal back-to-school shoppers. Starting this Sunday, Wal-Mart (NYSE: WMT) will begin selling an exclusive Compaq Presario notebook computer that it developed […]

Hackers will soon gain a powerful new tool for breaking into Oracle’s database, the top-selling business software used by companies to store electronic information. Security experts have developed an easy-to-use, automated software tool that can remotely break into Oracle (NASDAQ: ORCL) databases over the Internet to simulate attacks on computer systems, but cybercrooks can use […]

U.S. chipmaker Intel (NASDAQ: INTC) on Wednesday appealed to Europe’s second highest court against an antitrust finding and an approximately $1.50 billion fine levied by EU regulators. “We believe the European Commission misinterpreted some evidence and ignored other pieces of evidence,” Intel spokesman Robert Manetta said. The world’s largest chipmaker said it filed an appeal […]

Apple said it was awaiting results from an investigation into the death of a worker in China, after media reports said the man killed himself on learning he was suspected of leaking company secrets. The case puts the spotlight on Apple (NASDAQ: AAPL), whose public face as maker of the wildly successful iPhone contrasts with […]

Mobile broadband in the Middle East and Africa will expand to $6 billion in the next two years from the current $1 billion, spurred by an expanding network and falling prices, a telecoms advisory firm has said. In Africa, there are 10 undersea cables either under construction or in the planning stages, which could push […]

Barnes & Noble unveiled on Monday what it called the world’s largest online bookstore, taking on Amazon.com with over 700,00 titles readable on devices such as Apple’s iPhone. The top U.S. bookseller plans to charge customers $9.99 to download most new releases and bestsellers — the same as Amazon (NASDAQ: AMZN). The titles now available […]

U.S. and European IT budgets are expected to fall 2 percent over the next year, less than the 5 percent decline expected three months ago, according to a survey of 100 chief information officers carried out by UBS. U.S. CIOs were less pessimistic, expecting a 1.3 percent decline in budgets, while their European counterparts predicted […]

Microsoft will likely report the first annual sales dip in its history as a public company, but investors are looking beyond that for upbeat comments on Windows 7, signs of a tech sector recovery, and even a deal with Yahoo to challenge Google. The question for investors when the world’s largest software company reports quarterly […]

The popular social networking site Facebook is not doing enough to protect the personal information it gets from subscribers, and it gives users confusing and incomplete information about privacy matters, Canada’s privacy commissioner said on Thursday. “It’s clear that privacy issues are top of mind for Facebook, and yet we found serious privacy gaps in […]

Wall Street expects Google (NASDAQ: GOOG) to report tepid revenue growth for the second quarter on Thursday amid a tough advertising market and a sharpened attack on its business by rival Microsoft. Analysts will be looking for updates on both fronts as they gauge the Internet giant’s progress toward recapturing the double-digit sales growth it […]

The world’s top cell phone maker, Nokia (NYSE: NOK), cut its profitability and market share forecasts due to tough competition, sending its shares sharply lower on Thursday. Nokia, whose rivals include Apple, Samsung and RIM, now sees second-half underlying operating profit margin at its key phone unit at the first-half level of 11.3 percent, compared […]